31 Rectory Lane

    31, RECTORY LANE, CHELMSFORD, CM1 1RE

    This semi-detached freehold property on Rectory Lane last sold in May 2017 for £305,000. Based on price growth in the CM1 district since then, its estimated current value is £367,277 — placing it in the 62nd percentile nationally and the 38th percentile within CM1. The property covers 85 m² (915 sq ft), giving an estimated value of £4,321 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £305,000

    May 2017

    Estimated Valuation

    £367,277

    Est. £/sq ft

    £401/sq ft

    £4,321/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area915 sq ft (85 m²)
    EPC dateSept 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 May 2017

    £305,000

    3 Aug 2006

    £182,500

    Key Metrics

    Estimated valuation£367,277
    Value per sq ft / m²£401/sq ft (£4,321/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile38th percentile
    National percentile62nd percentile

    District Context — CM1

    CM1 covers Chelmsford town centre and its immediate surroundings in Essex, located roughly 30 miles northeast of London. It is a established residential and commercial district with strong local amenities and commuter appeal.

    Average Property Price - CM1

    £436,548

    73

    National percentile

    Average Net Household Income - CM1

    £36,171

    39

    National percentile

    10-Year Annualised Price Growth - CM1

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM1

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